The Corporation for Public Broadcasting is a private non-profit corporation which is chartered and funded by the United States Federal Government to promote public broadcasting. The CPB was created on November 7, 1967 when President Lyndon B. Johnson signed the Public Broadcasting Act of 1967 . CPB initially collaborated with the pre-existing National Educational Television network, but in 1969 decided to start its own network, Public Broadcasting Service (PBS). The Corporation for Public Broadcasting provides some funding for the Public Broadcasting Service and member stations of National Public Radio, as well as broadcasters that are independent of those organizations. CPB also funds some Internet-based projects.
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